The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Tuesday for the sixth consecutive day, dipping four-tenths of a cent to $5.985.<\/p>\n
The streak is the longest since a 13-day streak from Dec. 9-21, according to figures from the AAA and Oil Price Information Service. The average price has dropped 6.3 cents over the past six days, including two-tenths of a cent on Monday.<\/p>\n
The average price is 6.3 cents less than one week ago, but 42.3 cents more than one month ago and $1.11 more than one year ago. It is 50.9 cents less than the record $6.494 set on Oct. 5, 2022.<\/p>\n
A six-day streak of decreases to the Orange County average price totaling 8.2 cents ended with an increase of six-tenths of a cent to $5.903. The streak was the longest since an eight-day streak from Jan. 3-10.<\/p>\n
The Orange County average price is 7.6 cents less than one week ago, but 37.3 cents more than one month ago and $1.093 more than one year ago. It is 55.6 cents less than the record $6.459 set on Oct. 5, 2022.<\/p>\n
The Riverside County average price dropped eight-tenths of a cent to $5.824, one day after a four-day streak of decreases totaling 5.3 cents ended with an increase of two-tenths of a cent. The average price is 5.6 cents less than one week ago, but 37.5 cents more than one month ago and $1.072 more than one year ago. It is 54.9 cents less than the record $6.373 set on Oct. 5, 2022.<\/p>\n
In San Bernardino County, the average price dropped seven-tenths of a cent to $5.814, down 4.5 cents from last week\u2019s average of $5.852, but up 34.4 cents from last month\u2019s average of $5.463. The price is up $1.17 from last year\u2019s average price of $4.637. Today\u2019s prices is 61.5 cents less than the highest recorded average price in the county of $6.429 on June 16, 2022.<\/p>\n
Prices were rising slightly in line with seasonal norms before the joint U.S.\/Israel attack on Iran on Feb. 28 sent oil prices higher and drastically accelerated increases at the gas pump. Prices began to fall slightly after news of a cease fire earlier this month, though subsequent peace talks in Pakistan failed to produce a deal.<\/p>\n
The national average price resumed dropping, falling seven-tenths of a cent to $4.118, one day after a three-day streak of decreases totaling 4.1 cents ended when it was unchanged. It is 2.2 cents less than one week ago, but 44.3 cents more than one month ago and 93.4 cents more than one year ago.<\/p>\n
The national average price is 89.8 cents less than the record $5.016 set on June 14, 2022.<\/p>\n
\u201cAverage gasoline prices surged for many Americans through the first half of last week before easing in some areas after oil prices slipped following President (Donald) Trump\u2019s announcement of a cease fire,\u201d Patrick De Haan, head of petroleum analysis at GasBuddy, which provides real-time gas price information from more than 150,000 stations, said in a statement released Monday.<\/p>\n
\u201cHowever, with a breakdown in talks and renewed escalation over the weekend, motorists should prepare for another round of price increases. The move toward a full blockade of the Strait of Hormuz is compounding global supply concerns and risks further disrupting flows, which pushed oil prices sharply higher in Sunday night trading. As a result, gasoline prices are likely to jump again this week \u2026 until there is a meaningful restoration of shipping through the strait.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped Tuesday for the…\n","protected":false},"author":2,"featured_media":267420,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[387,7,9,8,536,383,6774,147,19378,137,100,611,612,5518,136],"class_list":{"0":"post-267419","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-california","8":"tag-business","9":"tag-california","10":"tag-california-headlines","11":"tag-california-news","12":"tag-donald-trump","13":"tag-economy","14":"tag-energy","15":"tag-gas-prices","16":"tag-iran","17":"tag-los-angeles-county","18":"tag-news","19":"tag-orange-county","20":"tag-riverside-county","21":"tag-san-bernardino-county","22":"tag-top-stories"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/267419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=267419"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/267419\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/267420"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=267419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=267419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=267419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}